We have been looking for a house for a while now and have found a house which meets most of our requirements - there are a few compromises. The surveyor has now valued it at 5% less than agreed price. This equates to just over £25k below the price we agreed.
We think the surveyor is being a bit cautious but obviously we are concerned that we offered a bit too much. How would you approach this with the estate agent? We don't want to lose the house but neither do we want to pay more than the house is worth.